Complaints about bad advice over the last six years have cost the sector nearly £1bn - the equivalent of £45,000 for every adviser in the UK, an investigation by Professional Adviser can reveal.
Since 2010 the Financial Services Compensation Scheme (FSCS) - body of last resort for investors with complaints against firms that have ceased trading - has paid out £989m to deal with claims linked...
Hughes v Royal London decided in February
Actions have consequences even if they are not always immediately obvious
Part of Saga/Tilney Bestinvest joint venture
How adviser directories refer clients
Nine default funds from major providers examined